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Impairment (Tables)
3 Months Ended
Mar. 31, 2013
Asset Impairment Charges [Abstract]  
Schedule Of Impairment Charges
The following impairment charges were recorded on the following assets based on the difference between the carrying amount of the assets and the estimated fair value (see Note 19 for additional fair value information) (in thousands):
 
Three Months Ended
March 31,
 
2013
 
2012
Continuing operations:
 
 
 
Property marketed for sale or sold (1)
$
56

 
$
244

Investments in real estate joint ventures and partnerships (2)

 
6,608

Total reported in continuing operations
56

 
6,852

Discontinued operations:
 
 
 
Property held for sale or sold (3)
236

 
3,171

Total impairment charges
292

 
10,023

Other financial statement caption impacted by impairment:
 
 
 
Equity in earnings of real estate joint ventures and partnerships, net
363

 

Net impact of impairment charges
$
655

 
$
10,023

_______________
(1)
These charges resulted from changes in management’s plans for these properties, primarily the marketing of these properties for sale. Also included in this caption are impairments associated with dispositions that did not qualify to be reported in discontinued operations.
(2)
Amounts reported in 2012 were based on third party offers to buy our interests in industrial real estate joint ventures.
(3)
Amounts reported were based on third party offers.